Iranian banks suspend card services after cyberattacks – report
Three major Iranian banks halted card-based services after cyberattacks caused disruption, reported Reuters citing the country’s state-owned banking technology provider.…
24 Jun 2026
Backbase buys Kasisto to expand agentic AI banking capabilities
Backbase has acquired Kasisto, an agentic AI platform provider for banks and other financial institutions, for an undisclosed sum. Kasisto’s platform, its financial services intelligence and its team in New York have been folded into Backbase and its AI-native Banking OS. According to Backbase, the transaction…
23 Jun 2026
Revolut targets South Africa foray by 2028 – report
Revolut is aiming to enter South Africa by 2028, with the fintech already reporting notable early interest in its digital banking offering in Africa’s biggest economy, reported Bloomberg. “We are already…
23 Jun 2026
Lloyds to hire around 300 for agentic AI roles
Lloyds Banking Group has revealed plans to fill close to 300 roles linked to agentic AI, drawing candidates from both inside and outside the organisation. The planned hires include data…
22 Jun 2026
Pollen Street to buy Finastra’s core banking software unit
Pollen Street Capital has agreed to acquire Universal Banking, the global core banking software division of Finastra. Financial terms of the deal remain undisclosed. The unit supplies software used for account and…
22 Jun 2026
UniCredit lifts Commerzbank holding to 42.5%
UniCredit said it has raised its overall holding in Commerzbank to 42.5% following the end of the first acceptance period for its offer and will open the bid again for…
19 Jun 2026
EU mulls easier cross-border fund movement for banks – report
A leaked European Commission paper indicates that banks in the EU may soon have greater scope to shift funds between member states, reported Financial Times (FT). The document points to possible capital relief for mortgage lending and…